Junior Metals Trader / Trader, Copper

About the Company

[Employer hidden — sign up to reveal] is a state-owned business and the publicly listed arm of the China National Petroleum Corporation (CNPC). [Employer hidden — sign up to reveal] a subsidiary of [Employer hidden — sign up to reveal] serves as the international trading arm. [Employer hidden — sign up to reveal] is part of this global network. The job is posted by [Employer hidden — sign up to reveal], a joint venture between [Employer hidden — sign up to reveal] and INEOS.

Key Responsibilities

• Support the Trading Manager with daily management of the global copper trading book, including positions, exposures and P&L.
• Produce accurate daily exposure and position reports using internal risk and trading systems.
• Assist with hedging activities and corresponding profit and loss analysis.
• Capture new trades, update positions and ensure system accuracy and data integrity.
• Analyse historical trades, market trends and price movements to support trading decisions.
• Help identify arbitrage opportunities and propose derivative strategies under supervision.
• Liaise with internal teams including Risk, Operations, Treasury, Settlement, Legal and KYC to ensure smooth trade execution.
• Maintain and update cost accruals and support deal reconciliation.
• Collect, interpret and distribute market information with developing commercial insight.
• Execute trades under the instruction and supervision of the Trading Manager as part of on‑the‑job development.

What We're Looking For

• Previous trading experience and familiarity with the physical and derivatives Copper market (ideally Refined Copper, Concentrates, Cathodes, Scraps), with a focus on global physical trading is highly advantageous.
• Prior track record successfully generating revenue is highly advantageous.
• Have a pre-existing network amongst consumers of copper products and/or knowledge of typical trading counterparties and supply chain.
• Good understanding of the Copper markets, trading regulations, fundamentals, products, grades, qualities, geographies, and environmental influence on the market.
• Proficient analytical and numerical skills with the ability to interpret and assess market trends, news to make informed data-driven decisions.
• Competent communicator and capable of building relationships with a range of stakeholders.
• Proactive, collaborative mindset with a desire to learn in a fast paced trading environment.

What You Get in Return

This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package including Insurance coverage; Private Medical (for self and family); Travel (for self and family); Dental (for self); Life Assurance, Gym membership, Pension contributory by Company, up to 30 days holiday allowance per annum rising after service (in addition to bank holidays), discretionary performance related bonus and more.

Additional Information

Department: Petrochemicals
Employment Type: Full Time
Location: London, UK
Workplace Type: Hybrid
Reports To: General Manager of Petrochemical

Please note: This is a full-time, permanent position with the job based in either Charing Cross, London, UK. The role is available to be worked in a hybrid capacity of 4 days in the office / 1 day from home.

Application Instructions

If the role sounds like you, we encourage you to upload a copy of your CV by clicking on the Apply button. Strictly No Recruitment Agencies; any submission of CV’s without prior request/ engagement from [Employer hidden — sign up to reveal] / [Employer hidden — sign up to reveal] will not be deemed as an introduction and therefore will not warrant an introduction fee.